Gross Profit Comparison: Western Digital Corporation and Seagate Technology Holdings plc Trends

Western Digital vs. Seagate: A Decade of Profit Trends

__timestampSeagate Technology Holdings plcWestern Digital Corporation
Wednesday, January 1, 201438460000004360000000
Thursday, January 1, 201538090000004221000000
Friday, January 1, 201626150000003435000000
Sunday, January 1, 201731740000006072000000
Monday, January 1, 201833640000007705000000
Tuesday, January 1, 201929320000003752000000
Wednesday, January 1, 202028420000003781000000
Friday, January 1, 202129170000004521000000
Saturday, January 1, 202234690000005874000000
Sunday, January 1, 202313510000001887000000
Monday, January 1, 202415460000002945000000
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Unveiling the hidden dimensions of data

A Tale of Two Giants: Western Digital vs. Seagate

In the ever-evolving landscape of data storage, Western Digital Corporation and Seagate Technology Holdings plc have been pivotal players. Over the past decade, these two titans have navigated the volatile market with varying degrees of success. From 2014 to 2024, Western Digital's gross profit peaked in 2018, showcasing a remarkable 77% increase from its 2014 figures. In contrast, Seagate's highest gross profit was in 2014, with a subsequent decline of approximately 65% by 2023.

The data reveals a compelling narrative of resilience and adaptation. Western Digital's strategic maneuvers in the mid-2010s allowed it to capitalize on the growing demand for data storage, while Seagate faced challenges in maintaining its early momentum. As we look to the future, the question remains: how will these industry leaders adapt to the next wave of technological advancements?

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025